LAS VEGAS (PRWEB) January 28, 2008
Field work is scheduled into two phases: Phase 1, reconnaissance geology and mapping; and Phase 2, drilling. Phase 1 exploration, designed to select targets for drilling in late summer 2008, was initially scheduled to take place in spring 2008. However, because of unusually warm and favorable weather conditions, Wave was able to accelerate a portion of the Phase 1 exploration into November, 2007. The accelerated work, mapping and sampling of uranium occurrences in and adjacent to Wave's Claims will allow samples to be analyzed during the unfavorable winter months enabling 2008 activities to commence ahead of schedule.
Wave's Utah properties cover approximately 27,000 acres of lode claims in Grand County, and 6,456 acres of State leases in Grand and Emery Counties.
About Wave Uranium:
Wave Uranium is a Las Vegas, Nevada based exploration and development uranium company. The Company is actively acquiring world class uranium properties in prolific mining areas in North America.
Wave Uranium has assembled a team of geologists and directors with proven track records in areas of mineral exploration, mining programs and accessing global capital markets.
Safe Harbor : Except for the historical information contained herein, the matters set forth in this press release, including the description of the Company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the Company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the Company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.